NU Property & Casualty 360

Rallying together: Reflecting on a year of philanthropy & volunteerism in insurance

The IICF looks back on the industry’s spirit of giving and discusses what to expect in the year to come.

Posted: Dec 20, 2022

Around the P&C insurance industry: December 21, 2022

Insurance industry news from InsurTech Hartford, Magneti Marelli Parts & Services, Buoy and more.

Posted: Dec 20, 2022

What does 2023 have in store for winery insurance? More capacity, advanced risk mitigation

U.S. wine-producing regions didn’t see any major wildfires in 2022, but cyberattacks become more prevalent. Will 2023 hold more of the same?

Posted: Dec 20, 2022

The 10 most common Christmas Day claims

Nearly all holiday decorators may be unwittingly introducing more than just Christmas cheer into their homes – in form of increased risk.

Posted: Dec 20, 2022

Subrogation arbitration: Four trends emerging post-pandemic

Four key areas have had the largest bearing on intercompany arbitration as subrogation departments emerge from the last several years.

Posted: Dec 20, 2022

Florida home insurance bailout comes up short

Going forward, state lawmakers must prioritize forward-looking solutions to forestall future crises before they begin.

Posted: Dec 19, 2022

‘Tripledemic’ of COVID, flu, RSV: Threat to return-to-office policies (& holiday parties)

While public health officials are urging masks in Los Angeles, New York City and other areas, employers across the U.S. might encourage employees to stay home if they are not feeling well and are symptomatic, recommend experts.

Posted: Dec 19, 2022

The worst U.S. states for winter-holiday driving

ValuePenguin analyzed holiday accident statistics to determine which U.S. states are the deadliest for Christmas drivers.

Posted: Dec 19, 2022

For agencies, is insurance really recession-proof?

The economic landscape continues to be weird. Here are three ways independent agencies can weather the uncertainty.

Posted: Dec 19, 2022

Economic factors will dictate risk trends for 2023

Some risks will continue into the new year, and others may evolve into newer versions of existing threats.

Posted: Dec 19, 2022

2023 will be the year of compliance

Managing compliance in a more technologically enabled way will be pivotal for players across the insurance industry.

Posted: Dec 19, 2022

Ohio Supreme Court sides with insurers on COVID-19 business-interruption issue

The court found that the COVID-19 government shutdown order does not constitute a 'direct physical loss.'

Posted: Dec 19, 2022

Workers' compensation: Tips for the small business owner in non-construction industries

It is best practice to have policies in place so that if you are ever faced with a claim for workers’ compensation benefits, you can limit exposure as much as possible.

Posted: Dec 19, 2022

Who's using what in P&C insurance: December 19, 2022

Insurance technology news from Ardonagh Specialty, ClarionDoor, Precisely and more.

Posted: Dec 18, 2022

A closer look at why SMEs need intellectual property insurance

Having intellectual property insurance in place is the only way that many SMEs can afford to enforce their rights.

Posted: Dec 18, 2022

Florida governor signs more property insurance reforms into law

Under the new law, insurers will be protected from excessive jury awards in lawsuits involving property damage or personal injury.

Posted: Dec 18, 2022

ALM launches new course focusing on workers' compensation issues for cannabis businesses

The fifth module in the Cannabis Insurance Coverage Specialist designation provides insights to protect employees and employers.

Posted: Dec 18, 2022

Personal auto premiums to jump another 7% in 2023

Inflation and growing accident frequency & severity are expected to continue pushing up costs for policyholders and auto insurers alike.

Posted: Dec 16, 2022

Selecting and pricing the right risk no longer a carrier's conundrum

For carriers, AI-powered risk modeling can enable better decisions and optimize underwriting to deliver faster quotes.

Posted: Dec 15, 2022

What's behind the extreme drop off in ransomware claims?

Cyber risks are constantly evolving as hackers find easier and more lucrative attack vectors.

Posted: Dec 15, 2022

Avoiding risk bias through effective building data practices

Here's an extreme hypothetical that demonstrates how risk bias can negatively impact policyholders — and a solution.

Posted: Dec 15, 2022

People on the move in the P&C insurance industry: December 16, 2022

The latest insurance industry personnel news from Acrisure, Allianz Global Corporate & Specialty, WTW and more.

Posted: Dec 15, 2022

Greatest Technology Challenges for Carriers and MGAs

Liza Smith of OneShield Software discusses recent survey results that show where insurers are getting “stuck” with meeting their goals, and how to resolve common roadblocks.

Posted: Dec 15, 2022

Flood insurance in 2023: More floods, reduced uptake unless action is taken

Review the events that shaped flood insurance in 2022 and where the sector is heading in the new year.

Posted: Dec 15, 2022

A look back at six years of the Independent Insurance Agent Survey

Respond now: Our annual Independent Insurance Agent Survey focuses squarely on issues facing today’s producers.

Posted: Dec 14, 2022